Angolan businesswoman Isabel dos Santos decided to assign to the creditor banks, at zero cost, the shares she holds in Efacec, a Portuguese company that operates in the technological industry, which went into layoff on 6 April, under the measures taken by the Portuguese Government to insure businesses and jobs in a Covid-19 pandemic time.
Economy
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American, under pressure by Covid-19 and crisis of 737 MAX, says that Brazilian did not fulfill conditions
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More than 17 percent of Africa’s total debt owes China. The figure is from the World Bank for 2019 and reflects the importance of the Chinese financial presence in Africa. But debt forgiveness in a crisis situation may not be the best solution for either China … or Africa.
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The country has one of the largest oil reserves in the world but refineries are at a standstill and service stations are almost dry
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The National Fuel Society of Angola (Sonangol) launched on Thursday, in Luanda, an international public course for the sale of stakes in nine companies. According to Angop, in Petromar, Sonangol …
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Commercial banks must undertake to sell currency at the exchange rate established on the day of the settlement of foreign transactions, as well as to grant credit in kwanzas without …
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U.S. Treasury Secretary Steven Mnuchin said Thursday that he is considering the creation of a government lending program for U.S. oil companies to weather the COVID-19 pandemic. “One of the …
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The National Fuel Society of Angola (Sonangol) launched on Thursday, in Luanda, an international public course for the sale of stakes in nine companies.